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    Live-Work Retail Bay Door Building Title is generated by Realmo AI

    Rows 2 & 3, Canton, TX 75103

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    For Sale
    $329,000

    SINGLE_FAMILY - Canton, TX

    Type:Retail
    Property size:
    7,300 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $45/SF
    Added:
    Oct 8, 2025
    Days on Market:
    240
    Last Refresh:
    Jun 4 at 4:06 pm

    Property Features for Rows 2 & 3

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Open
    Standard status
    Active
    APN
    R000102097
    Lot size
    0.35 Acres

    Taxes and HOA fees

    Tax Description
    ABST: 618 SUR: Q C NUGENT

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    2004
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    We can help!

    Listing Contact
    Amanda Hough
    Amanda Hough

    Listing agent Amanda Hough License #0596064

    Listing office Exalt Realty Forney, TX

    Listing date Oct 8, 2025

    MLS# 21077942

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 7,300 sq. ft. multi‑use commercial building built in 2004 on the First Monday Trade Days grounds in Canton
    • 5,500 sq. ft. open retail space with eight oversized bay doors for flexible displays and easy load‑in/load‑out
    • 800 sq. ft. upstairs storage area for inventory or seasonal items
    • 1,000 sq. ft. upstairs owner’s suite with two bedrooms or office spaces, full bath, living area overlooking the retail floor, and full kitchen
    • Public utilities include public water and public sewer
    • Metal roof with metal siding; central electric heating and central air; open parking

    Overview

    This multi-use live-work building offers a practical mix of open retail space and a private upstairs residence. The first level includes 5,500 square feet of open retail area designed to support vendor displays, inventory, or event setups. There are eight oversized bay doors, providing flexible load-in and load-out and supporting smooth customer flow. Upstairs, the property also includes about 800 square feet of storage plus a 1,000 square foot owner’s suite with two bedrooms or office spaces, a full bath, a spacious living area overlooking the retail floor, and a full-service kitchen.

    Located directly on the First Monday Trade Days grounds in Canton, the building is positioned for high visibility and easy access during one of the region’s most active marketplaces. The configuration is well-suited to retail operators and organizers who need both a storefront experience and the ability to move goods efficiently when business picks up.

    For buyers, this is a strong fit for those looking to run a business downstairs while maintaining private quarters above during Trade Days weekends. It also works for investors seeking a distinctive commercial property with an on-site owner component, adaptable retail layout, and straightforward logistics through large bay doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Map

    City
    Canton
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.862613
    Latitude
    32.5591739

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    FAQs

    What type of property is this?
    Live-work space - Multi-use building with flexible retail bays and an upstairs owner’s suite for hands-on operation during peak events.
    Where is this live-work space located?
    The property is located at Rows 2 & 3 Canton, TX.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: 7,300 sq. ft. multi‑use commercial building built in 2004 on the First Monday Trade Days grounds in Canton; 5,500 sq. ft. open retail space with eight oversized bay doors for flexible displays and easy load‑in/load‑out; 800 sq. ft. upstairs storage area for inventory or seasonal items
    (972) 757-1837
    We can help!
    Listing Contact
    Amanda Hough
    Amanda Hough
    Real Estate License ID: 0596064
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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